Financial Lines Manager

Ryan Specialty; Madrid; Presencial; EUR 80.000 - 120.000; Jornada completa

Descripción de la vacante

A leading company in the insurance sector is seeking an Underwriting Director in Madrid. The role involves developing underwriting strategies, managing a team, and ensuring profitability through effective risk evaluation and compliance with industry standards. The ideal candidate will have extensive underwriting experience and strong leadership skills, contributing to the company's growth and market position.

Formación

• 12+ years of Underwriting experience.
• 5+ years of management experience.

Responsabilidades

• Develop and implement underwriting strategies and policies.
• Analyze complex information to evaluate risk levels.
• Lead and manage a team of underwriters.

Conocimientos

Data Analytics

Financial Analysis

Legal Knowledge

Market Insight

Underwriting Guidelines

Technical Proficiency

Active Listening

Effective Communication

Adaptability

Attention to Detail

Problem-Solving

Collaboration

Educación

Bachelor’s degree in Risk Management or Business

Descripción del empleo

Position Summary:

The Underwriting Director is responsible for planning, coordinating, monitoring, analyzing, and evaluating the activities of underwriting staff. Their goal is to achieve department objectives and ensure company profitability through new and existing business.

Location:

Madrid - Spain

What will your job entail?

Job Responsibilities:

1. Develop and implement underwriting strategies, policies, and guidelines for product lines, ensuring alignment with organizational goals and profitability.
2. Analyze complex information from various sources (financial documents, market data, etc.) to evaluate risk levels associated with insuring individuals or entities.
3. Establish financial control guidelines, administrative standards, and best practices.
4. Research competitors and market conditions to maintain risk selection criteria and methods.
5. Lead and manage a team of underwriters, ensuring efficient operations and adherence to underwriting standards.
6. Oversee portfolio performance, review Jumbo loans, escalations, and portfolio requests.
7. Stay informed about legal and regulatory changes, ensuring all decisions comply with industry standards.
8. Collaborate with product teams to create new insurance offerings and enhance existing ones.
9. Interact with brokers, agents, and clients to address inquiries and provide exceptional service.
10. Monitor key performance indicators (KPIs) related to underwriting efficiency, accuracy, and profitability.

Work Experience and Education:

• Bachelor’s degree in Risk Management or Business.
• 12+ years of Underwriting experience.
• 5+ years of management experience.

Licenses & Certifications:

• Chartered Property Casualty Underwriter (CPCU), Associate in Commercial Underwriting (AU), Associate in Personal Insurance (API), or Registered Professional Liability Underwriter (RPLU) is preferred.

Technical/Functional Skills:

• Data Analytics
• Financial Analysis
• Legal Knowledge
• Market Insight
• Underwriting Guidelines
• Technical Proficiency

Behavioral Skills:

• Active Listening
• Effective Communication
• Adaptability
• Attention to Detail
• Problem-Solving
• Collaboration

Disclaimer

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and other characteristics bring together varied perspectives and add value to the service we provide to our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other employment terms and conditions.